New York State Considering New Regulatory Guidelines for Bitcoin

New York State Considering New Regulatory Guidelines for Bitcoin Benjamin M. Lawsky, the superintendent of New York State’s Department of Financial Services said that his department has “launched an inquiry into the appropriate regulatory guidelines that it should put in place for virtual currencies,” the most prominent of which is bitcoin. Preliminary inquiries have found that there are virtual currency businesses acting as money transmitters. http://allthingsd.com/20130812/new-york-state-considering-new-regulatory-guidelines-for-bitcoin/